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Press release from Island Drilling Company AS, 1st of September 2017

Island Drilling Company AS is pleased to announce that the company has received a letter of award for a drilling operation with Centrica Norway.

 

Centrica has awarded the contract on behalf of Production Licence 433 on the Norwegian Shelf. The operation is 1 (one) HTHP appraisal well at the Fogelberg field 6506/9 – 12 with the rig Island Innovator, and with options for 2 additional wells.

Start-up is scheduled for 1st quarter 2018, for a duration of 130–200 days.

Island Innovator is currently in operation on the Wisting field (License PL-537) in the Barents Sea.

In the period Q4 2017 until commencement date, project activities, start up activities and training of crew on board the rig will be carried out.

Island Drilling Company AS is grateful that Centrica Norway has chosen Island 

Drilling Company AS together with the management company Odfjell Drilling AS, to perform their drilling activities.

 Best Regards,

Roger Simmenes

CEO

Mobile: +47 932 40 311

E-mail: rogers@islanddrilling.no